Un-audited Financial Results of the Company for the 1st Quarter ended June 30,2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 12:59 PM IST · BSE ID: 8dcc22e8-e4d0-4248-8b35-5dff50cbf095
View Original BSE Filing (PDF)
💡
In Simple Terms
Refex Industries' main business profits more than doubled in the last quarter, while some smaller business segments were shut down.
🤖 AI Summary
- Refex Industries reported net profit from continuing operations of Rs. 7,363.78 Lakhs for Q1 FY27, up 122.84% YoY.
- Revenue from continuing operations for Q1 FY27 reached Rs. 61,925.09 Lakhs.
- The company re-designated Ms. Lalitha Uthayakumar from President – Refrigerant Gas Business to General Manager – Accounts.
- Re-designation effective August 01, 2026, due to discontinuation of the Refrigerant Gas Business and realignment of responsibilities.
- Power Trading and Refrigerant Gases segments are classified and disclosed as discontinued operations.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for the Period from continuing operations (Q1 FY27)
7,363.78 Lakhs
122.84%
Net Profit for the Period from continuing operations (Q1 FY26)
3,304.68 Lakhs
Revenue From Operations (Continuing operation) (Q1 FY27)
61,925.09 Lakhs
76.36%
Revenue From Operations (Continuing operation) (Q1 FY26)
35,110.53 Lakhs
Basic Earnings per share from Continuing operation (Q1 FY27)
5.37
109.76%
🏢 How This Affects the Company
The re-designation of a Senior Managerial Personnel and the discontinuation of the Refrigerant Gas Business indicate a strategic shift away from this segment. The company's primary focus appears to be its continuing operations, specifically the Ash & Coal Handling Business.
Net profit from continuing operations increased by 122.84% year-on-year to Rs. 7,363.78 Lakhs in Q1 FY27. Discontinued operations recorded a net loss of Rs. 24.68 Lakhs in the same period.
The company has discontinued its Refrigerant Gas Business, leading to internal re-alignment of organizational responsibilities. The Power Trading segment also ceased operations previously.
Classification of investment as a Non-current Asset Held for Sale in accordance with Ind AS 105 is noted, pending NCLT approval for a Scheme of Amalgamation and Arrangement.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with continuing operations showing strong growth in Q1 FY27. Discontinued operations incurred a net loss of Rs. 24.68 Lakhs.
🔍
Management Signal
Management is actively streamlining operations by discontinuing less profitable segments and re-aligning organizational structure, indicating a focus on core continuing businesses.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
NCLT approval status for Scheme of Amalgamation and Arrangement.
Q2 FY27 financial results for trends in continuing operations.
Further updates on discontinued operations and segment re-alignments.
MEDIUM RISK
Pending NCLT approval for amalgamation and ongoing losses from discontinued operations present notable risks.
💡 Investor Takeaway
Refex Industries reported Q1 FY27 net profit from continuing operations at Rs. 7,363.78 Lakhs, a 122.84% increase from Rs. 3,304.68 Lakhs in Q1 FY26. Revenue from continuing operations grew 76.36% to Rs. 61,925.09 Lakhs YoY.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit from continuing operations increased significantly by 122.84% to Rs. 7,363.78 Lakhs in Q1 FY27 compared to Q1 FY26.
- Revenue from continuing operations rose by 76.36% to Rs. 61,925.09 Lakhs in Q1 FY27 from Rs. 35,110.53 Lakhs in Q1 FY26.
⚠️ Concerns
- Profit/(Loss) before tax from discontinuing operations was negative at Rs. (32.98) Lakhs in Q1 FY27.
- Net Profit/loss from Discontinuing operations was Rs. (24.68) Lakhs in Q1 FY27, indicating ongoing losses in these segments.
📅 Company Track Record
Refex Industries reported Q4 FY26 net profit from continuing operations at Rs. 9,372.60 Lakhs, and FY26 net profit from continuing operations at Rs. 24,719.09 Lakhs. This Q1 FY27 result builds on the FY26 performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Refex Industries' net profit from continuing operations in Q1 FY27?
Refex Industries' net profit from continuing operations for the quarter ended June 30, 2026, was Rs. 7,363.78 Lakhs.
How much did Refex Industries' revenue from continuing operations grow in Q1 FY27?
Revenue from continuing operations for Q1 FY27 was Rs. 61,925.09 Lakhs, a 76.36% increase compared to Rs. 35,110.53 Lakhs in Q1 FY26.
What was the year-on-year growth in net profit for Refex Industries' continuing operations in Q1 FY27?
Net profit from continuing operations grew by 122.84% to Rs. 7,363.78 Lakhs in Q1 FY27 from Rs. 3,304.68 Lakhs in Q1 FY26.
Which business segment did Refex Industries discontinue in Q1 FY27?
Refex Industries discontinued its Refrigerant Gas Business and previously ceased operations in the Power Trading segment during the previous quarters.
What was the net profit/loss from Refex Industries' discontinuing operations in Q1 FY27?
The net loss from discontinuing operations for Refex Industries in Q1 FY27 was Rs. (24.68) Lakhs.
Questions based on this BSE filing only. For information purposes.